The Official Telegram on continuing to review the list and urgently and drastically completing investment procedures for projects under the socio-economic recovery and development program

Published on 24 - 05 - 2022
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On 22/5/2022, the Prime Minister issued the Official Telegram No. 452/CD-TTg on continuing to review the list and urgently and drastically completing investment procedures for projects under the socio-economic recovery and development program.

Accordingly, the Prime Minister requested the Ministers, Heads of ministerial-level agencies, Governmental agencies, Chairmen of the People's Committees of provinces and centrally-run cities as follows:

- Based on the proposed list and capital level for each task and project in each branch or field under the socio-economic recovery and development program announced by the Prime Minister in the Document No. 450/ dated 20/5/2022 and the objectives, principles and criteria as specified in Articles 3 and 6 of the Resolution No. 43/2022/QH15 dated January 11, 2022 of the National Assembly, the Resolution No. 11/NQ -CP dated 30/01/2022 of the Government, urgently deploying, soon completing investment procedures (the approval of investment policies), ensuring on time as required in the Document No. 450/TTg-KTTH dated May 20, 2022; in case the project fails to complete the investment procedures within the prescribed time limit, it will be cut and removed from the program's list of projects.

- To continue to carefully review and cut down the number of projects that are not really necessary, urgent, and ineffective to ensure the allocation of capital in center and focus, avoid spreading, fragmentation, division, and prolongation; prioritize the concentration of capital for important and urgent projects with rapid spillover effects, capable of being disbursed early and immediately absorbed into the economy, in accordance with the planning, using capital effectively, ensuring the ability to balance capital to complete the project in the recovery period; projects must ensure investment procedures according to regulations.

- Ministries, central and local agencies take comprehensive responsibility before the law, the Prime Minister, inspectors, auditors and relevant agencies for proposing the list, capital level, information and data on tasks and projects using capital from the Program, ensure the progress of performing investment procedures in accordance with the provisions of law and the investment efficiency of the project.

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